Checking

At Bank of Lake Mills, we strive to make banking simple. We offer hassle-free personal checking accounts that were developed with you in mind. 
 

Interest Advantage Checking(1)

Earn 2.00% APY on balances up to $10,000 by simply meeting the required qualifications. Balance portion more than $10,000 will earn 0.50% APY. The following transactions and activities must be posted and settled to your Bank of Lake Mills Interest Advantage Checking account during each monthly statement cycle:
 
  • At least 15 settled signature debit card point of sale transactions (non-pinned).
  • At least 5 electronic bill payments using Bank of Lake Mills Online Bill Pay.
If the requirements are not met during the monthly statement cycle, the rate paid on the entire balance will be 0.01% APY.

Qualifications Met

Average Daily Balance

Interest    Rate 
APY


YES Up to $10,000 1.98% 2.00%

YES Over $10,000 0.50% 0.50%

NO All Balances 0.01% 0.01%
 
Simple Checking 
 
Our Simple Checking account is just that - SIMPLE. A traditional checking account that gives you the basic features you need in a checking account. 

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APY - Annual Percentage Yield. Rates effective as of 08/06/2019 and subject to change at any time. Fees imposed could reduce the earnings. (1) To earn the higher rate, it is required to complete at least 15 settled signature debit card point of sale transactions (non-pinned) and complete at least 5 electronic Bill Payments using Bank of Lake Mills Online Bill Pay during each monthly statement cycle. (2) When debit card is disabled, new purchases, cash advances, or balance transfers will not be authorized. However, some activity will continue, including bills that merchants mark as recurring, as well as returns, credits, dispute adjustments, payments, and certain other exempted transactions. (3) No charge for initial debit card. See fee schedule for replacement card fee. (4) Other banks may charge usage fees, unless part of the ATM Access Network. See ATM Access Network brochure or visit www.atmaccess.net for more details. (5) Must be enrolled in Online Banking. (6) Message and data rates may apply. Contact your mobile phone / tablet service provider for details. (7) Transactions made after 5:00pm CST on a business day will be processed the following business day. Business day is defined as Monday thru Friday, excluding legal holidays. (8) Deposits are subject to verification and not available for immediate withdrawal. Deposits not to exceed $5,000 per business day and $10,000 during any five business day period, except as otherwise expressly provided and approved. The Bank reserves the right to establish and assign deposit limits. Products and services are subject to approval. Other restrictions may apply. Contact a Personal Banker or view our rate sheet for current rates and terms, and for additional information. 

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Ordering Personal Checks

We want to make ordering personal checks easy! Current Bank of Lake Mills customers can order checks one of the following ways: